17 Burst results for "Tammy Trejo"
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Tammy trejo. And I'm Susanna Palmer in the Bloomberg newsroom. Civil rights attorney Ben crump says the beating death of Tyree Nichols by Memphis police was racially motivated. Trump explained this was the case despite all 5 of the officers involved being black, he went on to explain that the fundamental issue was the institutionalized police culture of using excessive force against people of color. Trump argued that without federal police reform, nothing was going to change. Federal police reform, I think we're going to continue to see these hashtags proliferate so much that we can't keep up with them. Crump was interviewed on ABC's this week. In the UK, prime minister Rishi sunak fired Conservative Party chairman nadim zahawi, citing serious breaches of ethics rules after revelations about saha's taxes. In a letter to sahay today sunak said that the independent review of the matter had been concluded and it is clear that there has been a serious breach of the ministerial code. Sahai had acknowledged that he's been careless with his taxes and had settled a retroactive multi-million pound Bill with the country's tax collector. Empty shelves dated merchandise hardly anybody shopping. That was the scene in Bed Bath & Beyond locations across the U.S. as the once mighty HomeGoods chain blazes toward bankruptcy in what could be the largest U.S. retail collapse since Toys "R" Us. Bloomberg news reported Friday the union New Jersey based retailer has warned it doesn't have the funds to pay its lenders and stalled efforts to find a bitter could put the retailer on a path toward liquidation. It's a far cry from Bed Bath & Beyond category killer heyday. When the retailers ubiquitous 20% off coupons
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"One player beats seats in two hours and 56 minutes. The parent have met a total of 12 times with Djokovic beating the Greek player in ten of those match ups. Djokovic is now tied with Rafael Nadal for the most Grand Slam titles of all time with 22. He was unable to compete in the tournament last year after being deported from Australia because of his COVID vaccination status. I'm Scott Carr. A trip to the Super Bowl is on the line today for the final four teams remaining in the NFL playoffs, the forty-niners will face the eagles in the NFC championship game in Philadelphia, while for the second straight year the Bengals in chiefs will clash in the AFC championship game in Kansas City, the winner of today's match ups will meet in Super Bowl 57 on February 12th in Arizona. I'm Tammy trejo. Senator Elizabeth Warren is throwing her support behind President Biden for reelection. In an interview, Warren said Biden should run again because he's already done a tremendous amount despite Democrats having the skinniest possible majority in the Senate and only a recent majority in the House. The Democrat notably avoided giving her official support to vice president Harris as his potential running mate, saying she's deferring to Biden's team for that decision. The president has it formally announced his running for reelection in 2024 that has repeatedly indicated that he intends to. The White House says there's been about a 97% drop in illegal immigration this month. Texas governor Greg Abbott says that's misleading. He says the decline is seen only when you look at people coming from four countries. Cuba, Haiti, Nicaragua, and Venezuela. Abbott also points out that numbers typically go down in January before rising in February and March. Buffalo Bill safety to mar Hamlin is speaking on camera for the first time since he suffered a cardiac arrest on the field earlier this month. Jim Forbes has that story. Hamlin posted the video on Saturday and said he feels like the health scare ended up being a blessing to inspire others. Well, I'm so thankful to everybody. I know that it isn't enough just to be thankful. This is just the beginning of the impact that I wanted to have on the world and with God's guidance, I will continue to do wonderful and great things. He also said the incident became a great example of humanity with every team across the NFL coming together to support his recovery. I'm Jim Forbes. Gas prices are down, but not by very much. Triple-A puts today's nationwide average at three 50 a gallon, that's a penny less than yesterday. Prices are highest for drivers in Hawaii where they're shelling out $4 and 92 cents a gallon on average. Texas is the nation's low price leader at $3 and 13 cents. I'm Tammy trujillo. And I'm Susanna Palmer in the Bloomberg newsroom. The Federal Reserve is gearing up for its meeting this Tuesday and Wednesday, and there is a lot of discussion about the interest rate environment and what it means for the economy. Lori calvasina is RBC capital markets head of U.S. equity strategy. I also think investors are seriously entertaining the idea that we may not have a recession after all. So I hear a lot of people in my meetings talk about the soft landing looks like it's probably going to happen. And then also I think people are starting to sniff out the end of that hikes, and people are ready to turn a new chapter in this market. And so I think on balance, I'm a big sigh of relief. Calvasina was interviewed on Bloomberg Wall Street week with David Westin. Tesla's best week since 2013 is spurring bets that the worst is over for the electric vehicle maker after a disastrous 2022. More from Bloomberg's Charlie pellet. It took better than expected quarterly results, words of assurance from Elon Musk and a $5 billion credit commitment to help shake off last year's gloom. Now a big hurdle for the stock will come this week when the Federal Reserve is expected to raise rates and will give a sense of the path forward for future hikes, a hawkish tone could derail Tesla's strong start to the year. Charlie palette Bloomberg radio. Tesla's Doc is up over 44% year to date. Last year, Tesla stock lost 65%. Earnings are also in focus this week with many bellwether technology stocks on tap to report. Meghan ornament is chief investment officer at verdant capital advisers, and she's as companies will be using the slower economic environment to adjust earnings outlooks going forward. We have a lot more to go within earnings season. But I think you're going to hear a lot more of this from just the overall economic slowdown that they're seeing. And they're going to come through and put that push that guidance lower for the rest of the year. It needs to happen. Earnings have been very slow to come down for 2023. So I think you're going to see a lot of companies do that with that fourth quarter earnings season. Investors will see reports from companies in nearly every industry this week, and from big tech names, such as Amazon, Apple, meta platforms, and alphabet. In the UK, prime minister Rishi sunak fired Conservative Party chairman Nadia zahawi, citing serious breaches of ethics rules after revelations about Sahara's taxes. In a letter to sahai today, sunak said, the independent review of the matter had been concluded and it is clear that there has been a serious breach of the ministerial code. So how he has acknowledged that he's been careless with his taxes and had settled a retroactive multi-million pound Bill with the country's tax collector. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Bloomberg radio. The FBI is now involved in the investigation into the mass shooting that happened overnight in the Los Angeles suburb of Monterey Park. Ryan baker has more. Ten people are dead and nearly a dozen are wounded after a gunman opened fire at a ballroom video overnight. Captain Andrew Meyer with the Los Angeles County sheriff's office describes what they found when they arrived on scene. They observed numerous individuals, patrons of the location pouring out of the location, screaming the officers made entry to the location. And located additional victims. Please say that suspect is still at large. I'm Ryan baker. President Biden should have a lot of regrets about the discovery of classified documents in his possession, as according to senator Joe Manchin, appearing on NBC's meet the press, the West Virginia Democrat called the president's actions irresponsible. Manchin said he's glad attorney general Merrick Garland designed a special counsel to oversee the investigation. Manchin's comments come as Biden's personal lawyer revealed 6 more classified documents were found on Friday during a DoJ search of Biden's home in Wilmington, Delaware. The Justice Department is conducting a formal investigation into Abbott Laboratories nearly a year after the baby formula shortage. Julie Ryan has that story. And Abbott spokesperson said the company is fully cooperating in the probe. The Wall Street Journal reported on Friday investigators are focusing on Abbott's plant in Sturgis, Michigan, Abbott shut down production at the huge plant last February after infants who consumed formula made there became sick. The closure led to a nationwide shortage of infant formula. I'm Julie Ryan, the Kansas City Chiefs are moving on to their 5th straight AFC championship game, despite an early injury to star Pat Mahomes, Kansas City beat Jacksonville, 27 to 20, with Travis Kelce catching 14 passes for 98 yards and two touchdowns to lead the way. The chiefs will face the winner of today's contest between buffalo in Cincinnati. I'm Tammy trejo. New details are emerging about the 6 year old boy who recently shot his teacher in the chest at a Virginia school, criss-crossed reports. Last month, the child opened fire with a handgun in what police called a targeted attack. It's now been revealed the same child had previously written notes claiming he wanted to set his teacher on fire and watch her die. His teacher, Abigail Werner, took the notes to the school who told her to drop it. Other teachers at richneck elementary says Werner had asked for help multiple times regarding the boy's outbursts, but her concerns were dismissed as Werner was shot in the chest, but survived the shooting is currently being investigated as intentional. I'm Chris coraggio. Representative Nancy Pelosi is giving an update on her husband, Paul's health, following the brutal attack on him nearly three months ago, in an interview with CNN Pelosi said that Paul was doing okay, but that it would take a little time for him to be back to normal. Paul Pelosi was attacked in late October after a man allegedly broke into the Pelosi home in search of Nancy then attacked Paul with a hammer
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. President Biden is on his way back to Delaware after a visit to Georgia where he paid tribute to the late doctor Martin Luther King Jr.. Speaking at ebenezer baptist church in Atlanta today, by urged Americans to follow in doctor king's footsteps. The president says the country is at a critical juncture. Are we a people who will choose democracy over autocracy? Community over chaos, love over, hey. Tomorrow is Martin Luther King Jr. day, the federal holiday honoring the fallen civil rights leader. The chairman of the House oversight and accountability committee is labeling representative George Santos a bad guy. He's not the first politician, unfortunately, to make it to Congress to lie. You know, Elizabeth Warren wasn't truthful about her ethnicity. The newly elected New York congressman under fire for lying about his background on the campaign trail, appearing on CNN's State of the Union, Kentucky representative James comer called his fellow GOP members deception pretty despicable, but declined to say if Santos should step down, noting he was duly elected by the people. Santos is currently under federal investigation over his campaign finances, and some lawmakers are demanding a House ethics committee probe. Comer added the Santos could be kicked out of Congress if he did in fact break campaign laws. If the weather cooperates SpaceX's next launch from Florida's Kennedy Space Center should happen tonight, it would mark the first time space X's Falcon Heavy has launched in Twilight, making it visible up and down Florida space coast. The 230 foot rocket powered by three falcon 9 boosters is being sent into orbit on a classified military mission. The Powerball jackpot is getting bigger, lottery officials say no one picked all 6 numbers in last night's drawing. That means tomorrow night's jackpot in the multi state lottery will be worth $416 million. The odds of matching all 5 numbers and the Powerball number is one in 293 million. I'm Tammy trejo. Federal help is on the way for storm ravaged California. President Biden has signed a major disaster declaration for the state which is being slammed by a series of deadly Pacific storms known as atmospheric rivers, Ryan baker has more on the declaration. Just this last week, President Biden approved a presidential disaster for 41 counties in the state of California when a major disaster declaration is made both the state and the local resources are so overwhelmed trying to respond and recover beyond their capabilities. Governor Newsom wrote in his letter that damage assessments are impossible to perform as officials still continue to respond and prepare for incoming storms. I'm Ryan baker. Lisa Marie Presley's official cause of death won't be known for some time. She died on Thursday after suffering sudden cardiac arrest at her home in California. Now although sources say the autopsy is complete, officials have decided to run a toxicology report to see if there was an underlying cause it may have sparked the cardiac event. Prince Harry's newly released memoir spare is now the fastest selling non fiction book of all time. Has more. The book details Harry's tumultuous relationships with his father, King Charles and brother, Prince William, and gives new insights into his life and the royal family during the first day of its release, spare sold nearly one and a half million copies blowing away previous record holder Barack Obama's a promised land whose first day sales totaled less than 900,000 copies. The only other books to have sold more on their first day or several of the Harry Potter sequels. I'm Chris crag. National parks are waving entrance fees from Martin Luther King Jr. day and four other days this year. MLK day, of course, is coming up tomorrow with the other free dates scattered throughout the rest of 2023
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Loved Christmas. I'm part Christmas elf. I like to joke about. Groom Aaron shoot mus said it made for a scenic day, and they only had a couple of cancellations. U.S. financial markets are closed today for the holiday. I'm Tammy trejo. And I'm Erica hershkowitz from the Bloomberg newsroom. The story of 2022 was how fast inflation rose. The story of 2023 will be how fast it falls. Bloomberg economics view is that even as they edge down, inflation indices will remain way out of the comfort zone for major central banks, necessitating further tightening, even as recession risks loom. Bloomberg economic forecast show global inflation peaked at 9.8% year on year in the third quarter, and is now on path down to 9.5% in the fourth quarter and 5.3% at the end of 2023. That's a move in the right direction, but it doesn't mean the crisis is over. In the U.S., rapid wage gains means that core CBI will remain way above the fed's comfort zone. In Europe, sky high energy costs mean a cost of living crisis that's tipping major economies into recession. Two exceptions to the global story are China where inflation until now has been muted, but rapid COVID reopening as a risk going forward and turkey, where politically motivated monetary policy has contributed to inflation at 85%. Today, the Euro pound in Japanese yen were all little changed against the green back with major markets still closed for the holidays earlier the yen strengthened on haven demands amid concern rising COVID infections will undermine China's economic recovery. China's economy continued to slow this month as a massive COVID-19 outbreak spread across the country. Bloomberg's Larry koski reports. A Bloomberg aggregate index of 8 early indicator shows a decline in December from an already weak pace in November, although there's no reliable data on the extent of the spread of the virus or the number of sick and dead, it had reached every province before extensive and regular testing ended. The canceling of almost all domestic restrictions in China now means the virus can circulate freely. I'm Larry kofsky. Bloomberg radio. Meanwhile, Tesla shut down its most productive plant in Shanghai on Saturday, one day ahead of its original plan to suspend operations for one week. There was no reason provided for the ahead of schedule pause, the move comes as Tesla added suppliers face operational challenges stemming from a spike of COVID cases in China. Toyota said today, it's global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases across China. The world's number one automaker produced over 833,000 vehicles last month, an increase of 1.5% from a year ago, global sales rose 2.9%. The output for vehicles reflects solid demand in areas like North America and a rebound from a year earlier when COVID infections in Southeast Asia disrupted supply chains. Checking the global markets, China's CSI 300 gained four tenths of a percent. The knee came in Japan rose two thirds of a percent. Global news, 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than a 120 countries. This is Bloomberg. This is masters in business with Barry red holtz on Bloomberg radio. I'm Barry results you're listening to masters and business on Bloomberg radio. My extra special guest
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
". The mayor of El Paso, Texas is declaring a state of emergency in response to a surge of migrants entering the city. We know that title 42 looks like it's going to be called back on Wednesday. We felt there was proper time today to call a state of emergency. In a news conference, mayor Oscar Lisa said there were hundreds and hundreds of migrants in El Paso in unsafe conditions, as the weather continues to worsen Lisa said the asylum seekers will not be safe on the streets. Tidal 42 is a Trump era border policy. It will be lifted on Wednesday in federal officials expect the number of arriving migrants to sharply increase. The cost of renting is going down. That's according to real estate marketplace Zillow, which reported the largest one month drop in at least 7 years last month. The company's observed rent index showed prices dipped by .4% from October to November, Zillow also noted rents have been going down since reaching a 17% year over year increase in February, as housing demand has declined due to high inflation and rental costs. A famous Los Angeles mountain lion is dead after being compassionately euthanized on Saturday. The animal known as P 22 or the Hollywood cat was found suffering severe injuries and chronic health problems, after a car hit him, and he was put down at the San Diego zoo. Ten years ago P 22 traversed multiple busy highways before taking up residence near the Hollywood sign in Griffith Park. The cat became a campaign symbol to save California's endangered mountain lion population, and P 22 is credited for a massive wildlife crossing being built over the one O one freeway in Los Angeles. The Minnesota Vikings are in the NFL record books after completing the largest comeback win in league history on Saturday. They trailed the Indianapolis Colts 33 to zero at halftime before storming back to force overtime in the final seconds of the extra period, Minnesota kicked the game winning field goal to win the game 39 to 36. I'm Tammy trejo. A man is plunged to his death from the top floor of a supportive housing building in Times Square. David Falk Thomas reports. It happened around 6 50 Saturday morning at
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"tammy trejo" Discussed on Bloomberg Radio New York
"In March. The U.S. is expanding its training of Ukrainian soldiers, The Pentagon says the U.S. Army will take roughly 500 Ukrainians per month and train them in Germany. The news comes hours after Russia launched its latest missile attack on Ukraine, hitting critical infrastructure in several major cities. Search and rescue efforts will resume in Hawaii this morning for a twin engine plane that reportedly crashed off the coast of Maui, a flight instructor said he witnessed an air ambulance with people on board crash into the water about the same time it disappeared off radar late on Thursday night. I'm Tammy trejo. And I'm Susanna Palmer in the Bloomberg newsroom. Elon Musk has reinstated the Twitter accounts of several journalists who were suspended for allegedly publishing the whereabouts of his private jet. The reinstatements came Friday after Musk was heavily criticized across the U.S. and Europe for suspending journalists from the platform and was accused of jeopardizing press freedom. It also came after Musk conducted one of his Twitter polls asking if he should the accounts now or in 7 days a large majority of those who responded said now. Stocks ended lower on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that's what it takes to get inflation under control. The signs are there, says Emily Roland, co chief investment officer of J H investments. You have stocks down on the week bonds up on the week, and that's the type of reaction that makes sense to us. Markets have almost been in this state of being comfortably numb, given the fact that central banks are implementing the most tightening that we've seen in a generation, the economic data are suggesting that a global recession is likely into 2023, the yield curve is wildly inverted to the tune of 78 basis points and earnings are starting to come off. Those are all things to us that suggest that a recession is likely. For the week, the S&P 500 fell 2.1%. The Dell lost 1.7% the NASDAQ down 2.7% this week. San Francisco fed president Mary Daly's policymakers are committed to lowering inflation and not close to accomplishing that task more from Bloomberg's Charlie pellet. Speaking at a virtual event hosted by the American enterprise institute daily said we still have a long way to go. The fed raised rates by half a percentage point of its meeting last week to a target range of 4.25 to 4.5%, a slowdown from the 75 basis point hikes at implemented at its last four meetings. Charlie pellet Bloomberg radio. More than half of U.S. adults
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
". The House committee investigating the capitol attack is expected to vote in favor of recommending criminal charges against former president Donald Trump. Politico says the committee will urge the Justice Department to pursue at least three charges against Trump for his role in the January 6th riot. The D.C. circuit Court of Appeals is declining to delay the cancellation of the title 42 emigration policy. The Biden administration is set to stop enforcing title 42 on Wednesday. The policy was used during the Trump administration to turn away asylum seekers at the U.S. Mexico border during the COVID-19 pandemic. Workers at about 100 Starbucks across the U.S. are going on strike for the next three days. Starbucks workers united says their protesting unfair labor practices, including the closing of stores that voted to join the union. It also claims the company is refused to bargain for an initial union contract. This is the second cross country strike by the union after a one day strike last month. I'm Tammy trejo. Now this Bloomberg sports update, RJ Barrett scored 27 points, and Linux made 1744 three pointers to beat the bullets one 14 to 91 and sweep the home and home series from Chicago, running their winning streak to 6. Jalen Brunson and Quentin Grimes each at a 22 points, the next came into the game 26th in the NBA in three point shooting. Caire Irving had a game winning three pointer at the buzzer and the nets rally to be Toronto one 19 to one 16 extending their winning streak to a season high 5. Irving scored 15 of his 32 points in the fourth quarter. Kevin Durant scored 26 points in neglect and at 15 points ten rebounds on a career high 6 blocks as though that's overcame an 18 point deficit to sweep the season series from Toronto for the first time in 20 years. The islanders in the midst of a 5 game road trip they lose to the Arizona coyotes and Tempe 5 to four, Clayton kellner's score twice four Arizona Nick schmaltz with three assists, Sebastien aho Matthew barzal, no adoption at Anthony Bo villier, the islander gold scorers. Other NHL news, the NHL discussing expanding its regular season from 82 to 84 games in an effort to create more regional rivalry matchups. But soccer fans wanting a Leo Messi Jersey ahead of Sunday's World Cup final are out of luck. Adidas says all of its stores around the world are completely sold out of Argentina jerseys for the famous number ten. The German company says it's rushing to be able to have some messenger season stores as soon as possible should Argentina win this weekend widely considered one of the greatest soccer players ever, Messi will attempt to win his first World Cup, but Argentina faces France in Qatar Sunday morning at ten eastern. In the NFL this weekend play off positioning up for grabs the commander's host the Giants on Sunday Night football and the jets host the Lions on Sunday afternoon in the Meadowlands. With a Bloomberg sports update, I'm Tom Rogers. This is a Bloomberg money minute
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Olivia man accused of helping make the bomb that brought down Pan Am flight one O three over Scotland in 1988 is in custody. Foreign correspondent Aaliyah rusie explains what happens next. According to the Department of Justice, he's expected to make his initial appearance in the U.S. district court for the District of Columbia. The New York Times says Olivia and intelligence operative was arrested by the FBI, the Justice Department has led a decades long effort to prosecute the operative. The explosion killed 270 people, including 190 Americans. A democratic congressman is trading an innocent American for a guilty Russian, creates an incentive for others to use Americans as bargaining chips, appearing on CBS's face the nation, California's Adam Schiff said the prisoner swapped that involved WNBA star Brittany griner, and Russian arms dealer Victor put was a calculated move by Russian president Vladimir Putin. He can just roil the American body politic by picking one to send back to the United States. And leaving others in custody. Chef said Putin knows that picking griner to send back and leaving others like Paul Whelan and Russia would stir in the United States of America. He added that U.S. citizens need to be aware when they visit places like Russia, Iran or North Korea, that they could be grabbed for no reason at all except to be used as a political chip. The House committee investigating the January 6th attack on the capitol is set to meet later today to discuss possible criminal referrals. The panel's chairman said earlier this week those referrals will be made to the Justice Department. However, committee chair, Democrat Vinny Thompson didn't reveal details. NASA's Orion spacecraft has successfully splashed down today off the coast of San Diego, hundreds of navy sailors and teams of divers are working to recover the capsule returning from orbit around the moon. The Artemis one rocket carrying the uncrewed spacecraft blasted off from the Kennedy Space Center in Florida last month, today's splash down comes 50 years to the day after the last moon mission, Apollo 17 landed on the lunar surface in 1972. I'm Tammy trejo. Face the nation on Bloomberg radio. I'm Margaret Brennan in Washington and this week on face the nation. President Biden reaches a deal with Vladimir Putin to free in American, but where does this high stakes diplomacy leave? Basketball star Brittany griner woke up at a military facility in Texas this morning after nearly ten months behind bars in Russia. Meanwhile, Putin steps up his nuclear threats and plunges Ukraine into darkness as the cold sets in. We'll check in this morning with House intelligence committee chairman Adam Schiff, and unpack security concerns at home in abroad with two former top national security officials, Fiona hill, and Chris krebs. Then, President Biden has declared hostage taking a national emergency, as dozens of other Americans are held by hostile countries around the world. We'll hear from the family of Ahmad Shah ghi detained in Iran since 2018. Plus what we should be thinking about, how can America do great in the next hundred years? The CEO of America's largest bank on the resilience of the U.S. economy and the storm clouds ahead, a wide ranging conversation with Jamie Dimon of JPMorgan Chase. It's all just ahead on face the nation. Good morning, and welcome to face the nation. Within historic
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Just let my body the weekend is teasing new music, he took to Twitter today to post a mysterious teaser clip that featured a blue a and the date December 16th shortly after he retweeted a post from the account of the new Avatar film. Fans are assuming the weekend is featured on the film's soundtrack, avatar, the way of water is due out the same day as the music and the teaser video. I'm Tammy trejo. And I'm Suzanne Palmer in the Bloomberg newsroom. OPEC plus responded to surging volatility in growing market uncertainty by keeping its oil production unchanged. The outcome of the brief online meeting today reflects the unpredictability of supply and demand in the coming months, and the wild gyrations in prices of the past week. Chinese authorities accelerated a shift toward reopening the economy with cities including Shanghai and Hangzhou, easing some COVID restrictions this after protests against the nation's stringent policies last week. Iran's attorney general says the morality police have been disbanded. This Iranian woman speaking through an interpreter says the decision will not stop widespread demonstrations calling from war change in Tehran. Just because the government has decided to dismantle morality police. It doesn't mean the protests are ending. The death of a young woman well detained by the morality police sparked weeks of protests. House minority leader elect Hakeem Jeffries, says Democrats and Republicans are gearing up for the next session of Congress, while the Republican leadership is in flux. We have to organize on our side and be prepared to hit the ground running on January 3rd. They have to organize on their side, and we'll see what happens. Jeffreys appeared on ABC's this week, his statements come as uncertainty grows over whether Republican congressman Kevin McCarthy will earn enough votes to become the next House speaker. Alan Kay, an ad exec whose work sold Xerox copiers to Super Bowl viewers if you remember brother Dominic the monk and saved lives after the 2001 terrorist attacks, if you see something say something, died on November 27th at his home in weehawken, New Jersey. He was 77. The times reports, mister K one, some 30, Cleo awards, and was inducted into two advertising halls of fame. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Suzanne Palmer. This is Bloomberg
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Almost here. One person is dead 5 others injured following a shooting in Georgia on Saturday night. It happened near Atlantis Atlantic station retail district after police say a group of juveniles had to be escorted off the property for unruly behavior and curfew violations. One person was killed on scene 5 others taken to local hospitals with gunshot wounds. Senator Chris Murphy is calling for Congress to pass an assault weapons ban during the lame duck session. The house has already passed it. It's sitting in front of the Senate. Does it have 60 votes in the Senate right now? Probably not. Appearing on CNN's State of the Union, the Connecticut Democrat said his proposal would not take away guns that were already out there, but stop new sales. He said he believes it would prevent many mass shootings. Murphy noted the refusal to implement state and federal gun laws at the local level, is one of the main roadblocks to curbing gun violence in the U.S.. Murphy's call for an assault weapons ban comes just ahead of the tenth anniversary of the sandy hook, mass shooting in Connecticut. The Powerball jackpot is getting bigger. Lottery officials say no one picked all 6 numbers and last night's drawing. That means Monday's jackpot in the multi state lottery game will be worth $56 million. You may have won something, though, Saturday's numbers were 15, 30, 47, 50, 51, and the Powerball number was three, as for Tuesday's mega millions jackpot, that's worth $305 million. I'm Tammy trejo. Damage assessments are going on this morning in several Louisiana parishes after a tornado touched down on Saturday afternoon. This man jumped into action when the winds reached 100 mph in parody. And it's important because I'm here to serve them. And so that's why that's why we went out there and we're going to go and continue to drive around and check on neighbors and make sure that everybody's okay. There were no
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"Biden is now in Indonesia ahead of Monday's meeting with Chinese president Xi Jinping. Biden is set to meet G for the first face to face talks since he took office. The meeting will take place on the sidelines of the G 20 summit in valley, and is expected to focus on North Korea, the status of Taiwan and other thorny issues, including human rights. Democrats will retain control of the Senate, majority leader Chuck Schumer said majority was secured by a three things. There are three things that help the Senate secure the majority. One, our terrific candidates, two, a, the our agenda and our accomplishments, and three, the American people rejected the anti democratic extremist maga Republicans. The Rockefeller center Christmas tree is now in place in Manhattan, when fully decorated the 82 foot Norway spruce will sport more than 50,000 lights with a sarofsky crystal star on top. I'm Tammy trejo. And I'm Susanna Palmer in the Bloomberg newsroom, crypto out coin Solana, which was tied to a blockchain backed by Sam bankman fried, declined for a third day today as the fallout from the collapse of his FTX empire continues, the crypto market has lost about $200 billion in value in the past week, where hearing bankman fried was questioned by bahamian police and regulators yesterday. This as authorities try to unravel what led to the collapse of FTX, meantime we're still wondering about how $662 million in tokens mysteriously flowed out of both FTX international and U.S. exchanges. Advertisers are continuing to bail on Elon Musk's Twitter and it could be hard for the billionaire to bring them back anytime soon. That, according to The Wall Street Journal, we hear more from Bloomberg's Pellegrini. Susanna, the report says the lengthening list of advertisers pausing their spending on the social media platform after Musk's $44 billion takeover is adding to the financial pressure on the company. Meantime Musk says Twitter's paid subscription service Twitter blue will be back. And due to the confusion, though, in disorder, it was causing on the site the service was suspended on Friday, but Musk says it will probably be back at the end of next week. Susanna. Bloomberg's Denise Pellegrini. Inflation will gobble up Thanksgiving meals this year, Bloomberg's Vinny del giudice has more. The war in Ukraine is upending supply channels. The bird flu is taking a toll too. But are both the largest U.S. turkey producers as its cost nearly doubled. So we will pay up for Thanksgiving. The main dish turkey is up 17% along with other poultry based on consumer price data. Flour and cookies registered record year over year price increases in October, egg prices are up the most since 2007. If any delta should ice Bloomberg radio. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Analysts in over a 120 countries. This is Bloomberg radio. Now, a global news update. The Justice Department is appealing the appointment of a special master to review documents seized from former president Trump's Mar-a-Lago estate. The DoJ is also looking to throw out Trump's legal challenge entirely. Lawyers for the DoJ argued in a filing to the 11th U.S. circuit Court of Appeals, the judge Eileen cannon aired in ordering our view from the special master, asking the court to vacate that order. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult. Wait county district attorney Lauren Freeman said her office has filed petitions to transfer the case to superior court, with the teen suspect to be charged for killing 5 people in a shooting spree and Raleigh. The unidentified teen is hospitalized in critical condition. Electric vehicles flooded with salt water after hurricane Ian made landfall in Florida are proving to be a fire hazard. Republican senator Rick Scott sent a letter Friday to transportation secretary Pete Buttigieg, noting that lithium ion batteries and flooded EVs have been spontaneously erupting into flames. I'm Tammy trejo. This is Bloomberg daybreak week and tired global look ahead of the top stories for investors in the coming week. I'm John Tucker in New York. Just a few more weeks till the midterm elections and watch for more twists and turns before we get there. For more, let's head to our Bloomberg 99 one newsroom in Washington at Amy Morris. Amy. All right, thank you, John. There are plenty of national issues that could impact down ballot races as we approach the midterm elections. Joining me now to talk about all of this Bloomberg's White House reporter Justin sink, Justin
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Representative Adam kinzinger says former president Trump is required by law to testify before the January 6th committee, appearing on ABC's this week, the Illinois Republican who sits on the panel, said Trump can ramble and push back all he wants, but it's a legal requirement for him to appear. That was in response to a 14 page letter the former president addressed to committee chair, representative many Thompson, where he didn't make it clear if he would testify or not. Arizona candidate for governor Carrie Lake is standing by her claims that the 2020 presidential election was stolen. We had 740,000 ballots with no chain of custody. Those ballots shouldn't have been counted. When asked to provide evidence for the claim on CNN State of the Union, Lake did not mention a specific source. She went on to say that the problem is the media won't cover suppose 2020 election fraud that Americans have a First Amendment right to question election results, like also promised that if elected governor, she would make sure elections are transparent for all. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult, wait county, district attorney Lauren Freeman, said her office has filed petitions to transfer the case to superior court. The unidentified teen will be charged with killing 5 people in the shooting spree in Raleigh, he's hospitalized in critical condition. Holiday air travel this year is set to be the most expensive on record, Scott Carr reports. According to the travel booking group, hopper, airfares around the upcoming Thanksgiving holiday are up 25% from last year, while flights around the Christmas holiday are up an average of 55%, and the reasons not simply inflation has the effects of a pandemic fade away. There's been no let up in demand for seats. Some delta officials say global demand has gotten a boost from people who are choosing to spend less on products and more on experiences. And one analyst says while carriers have rebuilt much of their passenger capacity, they still only have about 87% of the available seats they had in 2019. Experts recommend booking as early as possible or be prepared for some serious sticker shock. I'm Tammy trejo. There are once again growing calls to address gun violence following Thursday's mass shooting and Raleigh North Carolina. Rob steals fiance, Mary Marshall, was one of the 5 people murdered. He says detectives came to his home asking him to confirm whether or not she had any tattoos. And I remember I said, yes, how the hell did you know that? Yeah, we knew right now. We knew. We knew she was gone. In addition to the 5 fatalities, two other people were injured, a vigil was held Saturday as the stun community looks to rally around the grieving families. The 15 year old suspected gunman will be charged as an adult. The head of SpaceX, Elon Musk is agreeing to keep his satellite Internet service in Ukraine. Scott Carr has the story. Must ask The Pentagon to put the bill for roughly 20,000 Starlink satellites being used for Ukraine's military operations. This after Musk suggested Ukraine concede some of its land to Russia, he then was accused of speaking directly with Russian president Putin, Musk seemed to change his mind on Saturday tweeting he would continue to fund the project even though in his words Starlink is still losing money. Former president Obama hitting the campaign trail for Democrats just before the midterm elections. He'll be in Atlanta on October 28th to appear with candidates in George's key races, and urge people to get out and vote. The following day Obama's expected to join Michigan governor Gretchen Whitmer and other Democrats for a rally in Detroit. He'll also be stopping off in Milwaukee. Holiday air travel is on track to be more than a little expensive this year. According to travel booking group hopper, Thanksgiving airfare is up 25% from last year, while Christmas air fair is up a whopping 55%. In addition to inflation, airlines still only have about 87% of the available seats that they had before the pandemic. The cost of jet fuel is surging and demand continues to grow. All of these factors driving up those ticket costs. I'm Tammy trujillo
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"Representative Adam kinzinger says former president Trump is required by law to testify before the January 6th committee, appearing on ABC's this week, the Illinois Republican who sits on the panel, said Trump can ramble and push back all he wants, but it's a legal requirement for him to appear. That was in response to a 14 page letter the former president addressed to committee chair, representative many Thompson, where he didn't make it clear if he would testify or not. Arizona candidate for governor Kerry Lake is standing by her claims that the 2020 presidential election was stolen. We had 740,000 ballots with no chain of custody. Those ballots shouldn't have been counted. When asked to provide evidence for the claim on CNN State of the Union, Lake did not mention a specific source, she went on to say that the problem is the media won't cover suppose 2020 election fraud that Americans have a First Amendment right to question election results, like also promised that if elected governor, she would make sure elections are transparent for all. The 15 year old suspect in the North Carolina mass shooting will be charged as an adult, wait county, district attorney Lauren Freeman, said her office has filed petitions to transfer the case to superior court. The unidentified teen will be charged with killing 5 people in the shooting spree in Raleigh, he's hospitalized in critical condition. Holiday air travel this year is set to be the most expensive on record, Scott Carr reports. According to the travel booking group, hopper, airfares around the upcoming Thanksgiving holiday are up 25% from last year, while flights around the Christmas holiday are up an average of 55%. And the reasons not simply inflation has the effects of a pandemic fade away, there's been no led up in demand for seats. Some delta officials say global demand has gotten a boost from people who are choosing to spend less on products and more on experiences. And one analyst says while carriers have rebuilt much of their passenger capacity, they still only have about 87% of the available seats they had in 2019. Experts recommend booking as early as possible or be prepared for some serious sticker shock. I'm Tammy trejo. President Biden is touting
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
"I'm Tammy trejo. And I'm Susanna Palmer in the Bloomberg newsroom. New York City marked the 21st anniversary of the 9 11 terror attacks today in Lower Manhattan, names of the nearly 3000 people who were killed in the attacks were read out loud at the 9 11 memorial. Laura angeletta. Doreen. Vice president Kamala Harris and governor Kathy hochul were among the many politicians on hand. Freight railroad and labor unions are working through the weekend to try to hammer out a new contract to avoid a strike. We get more about that from Bloomberg's Denise Pellegrini. Susanna ten railroad workers unions have already struck new labor deals, but there are two holdouts. The brotherhood of locomotive engineers and trainmen and the international association of sheet metal air rail and transportation workers. And they account for more than 90,000 rail employees. And if the unions and railroads fail to come to a deal, it could snarl supply chains disrupt deliveries and cause the U.S. economy more than $2 billion a day, according to rail officials, and susana the railroads are warning of possible service disruption starting tomorrow. Bloomberg's Denise Pellegrini, Federal Reserve policymakers will be paying close attention this week to the release of the consumer price index for August. This is analysts speculate about the size of another interest rate hike when fed policymakers next meet September 21st. Brian Weinstein has had a global fixed income at Morgan Stanley investment management. But they had a crystal ball. They would have raised rates. I think long before they did. So an absence of that and I think in light of where they started at zero or negative, no choice, right? So yes, growth is slowing in a perfect world. They would have been hired to begin with, but now they have no choice to be credible. They have to fight the current inflation and worry about growth later. And they can't, if we nod to the market that we're going to use again right away, although it does seem more and more likely as growth false. The CPI comes out on Tuesday. Global news 24 hours a day on air, and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. This is Bloomberg business of sports. We're really into how we connect the younger fans because that's the future, and that's the growth area. Tiger Woods and Rory McIlroy behind the scenes right now are building for the future of the PGA Tour. I think the NBA has been a terrific job of figuring out how to use technology to meet the viewing demands their viewers. This suit that happens are really these days they know their work and know their value. And they deserve to get paid. Bloomberg, business of sports. From Bloomberg radio. This is the Bloomberg business of sports show where we explore the big money issues in the world of sports. I'm scarlet fu. Michael Barr is off for the week. Coming up on the show today, we've got a fantastic guest. He is a former MLB pitcher, actually he was a top ten draft pick. And he's now a founding partner at jail strategic wealth. His name is Jacob Turner, and he will provide us insights on his firm's financial mission and basically how his experiences as a pro baseball player really shaped his understanding of creating and sustaining wealth and advising athletes and entrepreneurs on how to do the same. That is straight ahead on the Bloomberg business of sports show, but first, we begin with a Bloomberg exclusive, focused on one of the greatest tennis stars of our generation. Really, of all time. And how she has transcended how bran see women athletes, as well as their role in sports marketing. We can only be talking about one person. Serena Williams, so joining us now to discuss this is Bloomberg news reporter Ella Cerrone Ella co wrote an article titled Serena Williams forever changed how brands see female athletes and you can find that on the Bloomberg terminal or at Bloomberg dot com. Ella, welcome to the show. Thank you so much for having me. So Serena Williams an incredible career 27 year career in tennis, she is the most well-known female tennis player, but I would argue she is the most well-known female athlete. And in your reporting and talking to different brands and people in the business world, it's clear they see her that way too. Absolutely. I mean, Serena's her nickname so far has been the goat, the greatest of all time. And a lot of people also argue that that's not just for female athletes. That's athletes entirely. Just given the way she's changed the game and the businesses surrounding it on multiple intersections. As a woman, as a black woman, as a mother, and as a business person and the ways in which she partners with brands and works with them and also inspires other athletes to demand what they're worth. Yeah, you write about how she's made a permanent impact on marketing budgets everywhere, particularly when it comes to how much money these brands put aside to work with female athletes. And you kind of go through her history with some of the brands. And we know that she has a big deal a long-standing partnership with Nike. But what I thought was interesting Ella was that she didn't start off with Nike. She started off with puma. It was kind of like Nike wanted to see her proof her worth first before she got signed on with them. When puma and Serena partnered in the late 90s, that was still a headline making partnership. That was no small feat on its own, and it was a 5 year partnership for about $13 million. And then Nike came along in 2003 and really invested with her and that investment has grown since then to include a number of other initiatives, like a design initiative that they have in house for designers for marginalized backgrounds. Nike has named their biggest building on the Beaverton campus after her in homage. And so, you know, the impact that she's had with Nike has been really indelible. She's been making partnerships that are really strategic and smart for her as she deserves. So Ella, you spoke with the vice president of global women's sports marketing at Nike about Serena Williams. Give us a sense of how groundbreaking Serena was for Nike and how they're modeling a lot of what they now do for female athletes and athletes as a whole because of Serena. Nike doesn't have a spotless track record. They came under fire a few years ago with regard to pay discrepancies for pregnant athletes and people are still really watching them and making sure that they walk the walk and really support athletes and Nike told us that they are really listening with and working with athletes and
Bloomberg Radio New York
"tammy trejo" Discussed on Bloomberg Radio New York
". LLC, member finra NYSE sippy. You see the value in worldwide market news. Stocks in Asia saw some heavy selling overnight. And you wanted first several fed officials beat the drum for higher interest rates. Crypto is in focus today. We're coming off another day of declines on Wall Street. Bloomberg daybreak. With Karen Moscow and Nathan Hager. Straight ahead your latest local headlines, plus a check of sports. We see mornings at 5 eastern on Bloomberg radio, the Bloomberg business app and Bloomberg radio dot com. Michigan's Secretary of State Jocelyn Benson is speaking about the top concerns in the upcoming election. Violence and disruption on election day, and in the days surrounding the election. And secondly, there's a concern about the ongoing spread of misinformation. Speaking on CBS's face the nation, Benson assured election officials on both sides of the aisle are focused on maintaining the sanctity of the election and our democracy. For the second day in a row, Southern California residents felt a rumble as another small earthquake struck. The U.S. geological survey says a magnitude three quake happened early this morning centered near Manhattan beach yesterday a 3.6 magnitude quake was reported in riverside county. Spider-Man is back on top a rerelease of Spider-Man: No Way Home is this weekend's top movie in North America. The Sony Pictures blockbuster earned $6 million in theaters across the U.S. and Canada. It first opened last December, the studio rereleased the movie with about 11 minutes of previously unseen footage. I'm Tammy trejo. And I'm Susanna Palmer in the Bloomberg news room. As we've been reporting, the man who jumped off the iconic Tribeca skyscraper noon as the Jenga building has been identified as Bed Bath & Beyond CFO Gustavo arnall. The 52 year old jumped off the 18th floor on Friday according to police, but was not identified until today. The company has been facing turbulence for some time now with the chain planning to close 150 stores and reduce 20% of its workforce. We're hearing Russia doesn't support an oil production cut at this time, and it is likely OPEC plus will keep its output steady when it meets on Monday. Russian opposition to a production cut highlights a debate within the organization of petroleum exporting countries and its allies, all known as OPEC plus. This as oil consumer is globally braced for a showdown this winter with the Kremlin over the price of its crude. Energy rationing in Europe this winter is starting to look all but inevitable. Germany's Klaus Muller, president of the federal network agency energy regulator warned last month that even with gas storage 95% full, there would only be enough for about two and a half months worth of demand if Russia switched off flows. It did fail to restart the Nord stream one pipeline. German storage now stands at about 85%. The average interest rate for credit cards just reached the highest level since 1996, we get more about that from Bloomberg's Courtney downhill. Consumers who carry a balance on credit cards are paying an average annual interest rate of close to 18%. The Federal Reserve's aggressive rate hikes to curb inflation are largely behind the move. Many issuers base what they charge off